Energy subsidy comparison: renewables get little

Posted on November 12, 2007. Filed under: Uncategorized |


From the blog of Wind Energy Works:

The Government Accountability Office (GAO) recently released a report comparing electricity subsidies by fuel type in response to a request from Senators Alexander and Carper. The report looks at both R&D and tax expenditures for fossil fuel, nuclear and renewable energy from FY 2002 through FY 2007. While this report does not include the subsidies received by conventional generation over the past 50 to 80 years or subsidies outside of R&D or tax measures, such as limited liability insurance and loan guarantees, it does present a clear picture that renewable energy continues to receive only a fraction of subsidies from the Federal government.

The Results?

Total R&D Expenditures from FY 2002 to FY 2007: $11.5 billion with nuclear receiving $6.2 billion, fossil fuel receiving $3.1 billion and renewable energy receiving $1.4 billion.

Total Tax Expenditures from FY 2002 to FY 2007: $18.2 billion with fossil fuel receiving $13.7 billion and renewable energy receiving $2.8 billion.

Advertisements

Make a Comment

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

    About

    A statewide nonprofit dedicated to promoting economically and environmentally sustainable energy policies and practices in Wisconsin.

    RSS

    Subscribe Via RSS

    • Subscribe with Bloglines
    • Add your feed to Newsburst from CNET News.com
    • Subscribe in Google Reader
    • Add to My Yahoo!
    • Subscribe in NewsGator Online
    • The latest comments to all posts in RSS

    Meta

Liked it here?
Why not try sites on the blogroll...

%d bloggers like this: